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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 2,279,236 $ 2,622,054 $ 6,739,853 $ 7,179,571 CloseClose
Operating expenses:        
Fuel costs 1,626,399 1,923,869 4,855,462 5,262,854
Merchandise costs 315,597 345,699 913,823 952,925
Site operating expenses 222,744 226,698 665,366 637,383
General and administrative expenses 38,636 44,116 123,230 127,192
Depreciation and amortization 33,132 33,713 98,425 94,949
Total operating expenses 2,236,508 2,574,095 6,656,306 7,075,303 CloseClose
Other expenses, net 1,159 3,885 3,896 11,561
Operating income 41,569 44,074 79,651 92,707 CloseClose
Interest and other financial income 3,135 9,371 26,462 18,897 CloseCloseCloseCloseCloseCloseCloseCloseCloseClose
Interest and other financial expenses (26,759) (23,950) (73,910) (67,238) CloseCloseCloseCloseCloseCloseCloseCloseCloseClose
Total Other Income Expenses 23624.0 14579.0 47448.0 48341.0 0.0 Close
Income before income taxes 17,945 29,495 32,203 44,366 CloseCloseCloseCloseCloseCloseCloseCloseCloseCloseCloseClose
Income tax expense (8,300) (7,993) (9,139) (10,849) CloseClose
Income (loss) from equity investment 29 (14) 79 (77) CloseClose
Net income 9,674 21,488 23,143 33,440 CloseClose
Less: Net income attributable to non-controlling interests 0 48 0 149
Net income attributable to ARKO Corp. 9,674 21,440 23,143 33,291
Series A redeemable preferred stock dividends (1,446) (1,449) (4,305) (4,301)
Net income attributable to common shareholders $ 8,228 $ 19,991 $ 18,838 $ 28,990
Net income per share attributable to common shareholders - basic $ 0.07 $ 0.17 $ 0.16 $ 0.24
Net income per share attributable to common shareholders - diluted $ 0.07 $ 0.17 $ 0.16 $ 0.24
Weighted average shares outstanding:        
Basic 115,771 118,389 116,262 119,505
Diluted 117,888 120,292 117,342 120,602
Supplemental information:        
Includes excise tax of: $ 301,998 $ 311,921 $ 875,228 $ 883,420
Fuel Revenue [Member]        
Revenues:        
Total revenues 1,783,871 2,086,392 5,302,734 5,705,156
Merchandise Revenue [Member]        
Revenues:        
Total revenues 469,616 506,425 1,358,519 1,391,274
Other Revenue [Member]        
Revenues:        
Total revenues $ 25,749 $ 29,237 $ 78,600 $ 83,141